Question
Lily Company is planning to buy a machine at a cost of $100,000. The machine will generate net cash inflows at the end of each
Lily Company is planning to buy a machine at a cost of $100,000. The machine will generate net cash inflows at the end of each year for the next 6 years of $30,000. At the end of 6 years, the machine will also have a salvage value of $15,000. Lily's discount rate is 13%. Compute the NET PRESENT VALUE of the machine
do not calc with excel sheet
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Management and Cost Accounting
Authors: Colin Drury
10th edition
1473748873, 9781473748910 , 1473748917, 978-1473748873
